$RIVER trading above mid MAs with mild recovery momentum. Structure intact unless $8.08 breaks.
🟢 Long $RIVER
Entry: $8.20 – $8.32
Stoploss: $8.05
Targets:
🎯 $8.38
🎯 $8.50
🎯 $8.70
Price holding above MA25 ($8.18) & MA99 ($8.08).
Currently testing MA7 ($8.33) as short-term resistance.
Momentum modest after recent heavy 7D / 30D decline.
Break and hold above $8.38 with volume → quick push toward $8.50+ likely.
Lose $8.08 → structure weakens, downside toward $7.90–$7.75 possible.
Higher timeframe still weak (7D -39%, 30D -84%) → expect volatility and fake breakouts.
Trade $RIVER here 👇